Thursday, October 13, 2022 5:24:54 PM
The stock doesn’t go up because the sector is in the toilet. I came to realize back in April (when I sold) that the politicians (especially the Dems) were full of crap and kept hanging the fruit of SAFE or legalization so they could get votes in this upcoming mid-terms. All the DEMS want is too let everyone out of prison but not make it legal in my opinion currently so they can use SAFE or legalization as a voting issue for future elections. Personally I believe passage of either is more likely if the Republicans got control of both sections of Congress than the Dems doing anything.
Why don’t insiders buy the stock on the open market? Because Dye and his equity firm already own the majority of shares and control where the company is heading. Without Dye and his equity investment in SHWZ the company would have gone belly-up a long time ago. Dye could propose a offer to take the company private and he controls enough shares that you can’t do anything to stop it. But Dye is in this because he is one of the best retail CEO’s on the planet and he knows that a big payout day will happen in the future, it is just a matter of when? He will never get that if he took the company private and he knows that in my opinion. Meanwhile he runs the company with great profit margins compared to other cannabis companies and one of the few that makes profits.
I still love this company and look forward to getting back in when I feel the time is right. I don’t believe now is that time and using my capital in other stocks. I know how frustrated you and the other long time shareholders are feeling currently but knowing when to hit the sell button is always the hardest decision to make.
Recent SHWZ News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 12:30:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:52:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:01:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:00:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 12:27:57 AM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 02/15/2024 11:37:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 11:36:05 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/31/2024 10:27:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:08:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:07:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:41:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/09/2024 04:40:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:01:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:00:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:56:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:53:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:49:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 10:05:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 05:22:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/06/2023 03:11:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/05/2023 09:23:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/05/2023 09:22:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/05/2023 09:22:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/05/2023 09:21:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/05/2023 09:20:19 PM
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